Pilgrim’s Pride acquires Moy Park for $1.3 billion
Pilgrim’s Pride Corp. has acquired Moy Park, a leading poultry and prepared foods supplier with operations in the United Kingdom and Europe, from JBS S.A., in a transaction valuing the equity interest of Moy Park at approximately $1.0 billion (or approximately £790 million based on a 1.31 exchange rate as of Sept. 8, 2017), implying an enterprise value of approximately $1.3 billion (or approximately £1.0 billion).
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